Can you make monthly payments on foreclosed houses or pay full amount?

  1. blshank profile image53
    blshankposted 6 years ago

    Can you make monthly payments on foreclosed houses or pay full amount?

  2. bethparker profile image84
    bethparkerposted 6 years ago

    It depends on the bank. Some will accept partial payments; others will return them. Keep in mind that if you pay some of your payments but not enough to get caught up, you will not get any of it back if your house goes into foreclosure.

    Also, once the foreclosure process is too far along, it will be too late to save your home except by paying the entire loan balance--not just the late payments and fees.

 
working